Target Has No Worries

By Chris Hill – Dec 19, 2013 at 6:58PM

NYSE: TGT

Target

Market Cap

$76B

Today's Change

(-0.54%) -$0.90

Current Price

$164.44

Price as of April 25, 2024, 4:00 p.m. ET

Target's enormous data breach may make identity theft a major concern for millions of shoppers right in the middle of the holiday season. Is this a major concern for Target investors as well?

In this video from Thursday's MarketFoolery podcast, host Chris Hill and Motley Fool analysts Jason Moser and David Hanson take a deep Foolish dive into the biggest stories from the market today.

Over Black Friday weekend, Target (TGT -0.54%) was hit by a massive information breach, with as many as 40 million credit and debit card accounts possibly having been affected. Customers who shopped at a brick-and-mortar Target location between November 27 and December 15 who paid with a credit or debit card are the ones at risk. In the lead story on today's Investor Beat, Jason and David talk about whether Target released this information to the public as soon as it was available to them and how they think it could impact shareholders.

Chris Hill, David Hanson, and Jason Moser have no position in any stocks mentioned, and neither does The Motley Fool. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.